Tata Nano: a Positioning Disaster

Total Page:16

File Type:pdf, Size:1020Kb

Tata Nano: a Positioning Disaster IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. PP 47-53 www.iosrjournals.org Tata Nano: A Positioning Disaster Dr. Neelam Kalla Assistant Professor Department of Management Studies Faculty of Commerce and Management Studies Jai NarainVyasUniversity, Jodhpur, Rajasthan Case Summary: In the highly volatile markets and ever changing customer preferences, the key to survival is the right positioning. Positioning is all about getting the right position; but the game remains absolutely psychological. Tata Nano is the best example of positioning and repositioning where both the strategies failed. In the case of Tata Nano; a number of factors have played a significant role like production delays, product attributes, economic crisis, political controversies or failure to select the right market segment. After a long time of its launch, Tata has strived to change its image form cheapest car “Lakhtakiya” to smart city car butthisattempt also seems to fail again highlighting the fact that the first positioning remains mostsignificant; just as the first move in the game of chess remains the basis for your success. Even the first mover advantage, which has been central for the victory of the many of the most recognized big brands, could not save Tata Nano from its failure and the imageengravedin the minds of Indiancustomers as low-priced car was so strong that all of the Tata’s moves went futile. In the present case the author takes the positioning and psychographic factors into consideration and endeavours to take a thorough analysis that how this “People’s Car” of India turned out to be a positioning catastrophe. Keywords: Positioning, Branding, Tata Nano. I. Introduction Tata Nano popularly known as people‘s car was launched at such time when India‘s largest car company known for its cost effective products Maruti Suzuki was pondering upon the strategic option of discontinuing the production of the than available cheapest car of Indian Market and it flagship product Maruti Suzuki 800. The Indian automobile market at that time was flooded with newly launched high priced cars of multinational brands. When Tata launched Nano; it was not just a business opportunity, but also a tool to improve quality of lived of millions of Indian who were facing the dangers of fast paced roads and everyday were being exposed to accidents due to non-affordable four wheelers. At that time and still true to some extent the average Indian customer could not afford a two wheeler because most of the two wheelers are out of the budget. The price list for lowest priced cars available make it clearer. Table 1 Price List For Close Competitors Of Tata Nano Model Variant Price Maruti Suzuki 800 MPI STD BS III Rs. 2,28,820 Maruti Suzuki 800 MPI STD BS III (Met) Rs. 2,31,797 Maruti Suzuki 800 MPI AC BS III Rs. 2,55,396 Maruti Suzuki 800 MPI AC BS III (Met) Rs. 2,58,373 Model Variant Price Maruti Suzuki Omni LPG CARGO BS III Rs. 2,37,926 Maruti Suzuki Omni LPG Taxi Rs. 2,47,059 Maruti Suzuki Omni LPG Taxi (Met) Rs. 2,49,492 Maruti Suzuki Omni MPI CARGO BS IV Rs. 2,43,597 Maruti Suzuki Omni MPI STD BS IV (Met) Rs. 2,71,381 Model Variant Price ALTO 800 STD CNG Rs. 3,41,308 ALTO 800 STD CNG (Met) Rs. 3,45,209 ALTO 800 LX CNG Rs. 3,62,239 ALTO 800 LX CNG (Met) Rs. 3,66,110 ALTO 800 LXI CNG Rs. 3,81,174 ALTO 800 LXI CNG (Met) Rs. 3,85,062 ALTO 800 STD Rs. 2,62,512 ALTO 800 STD (Met) Rs. 2,66,399 International Case Study Conference 2015, Mumbai, India 47 | Page IES Management College and Research Centre, Mumbai, India IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. PP 47-53 www.iosrjournals.org ALTO 800 LX Rs. 2,98,655 ALTO 800 LX (Met) Rs. 3,02,542 ALTO 800 LXI Rs. 3,21,279 ALTO 800 LXI (Met) Rs. 3,25,167 ALTO 800 LXI Airbag Rs. 3,38,038 ALTO 800 LXI Airbag (Met) Rs. 3,41,926 Source: http://www.nriol.com/returntoindia/cars-price.asp as retrieved on 12/08/2014. These prices were not in the reach of Indian customers. In comparison to other countries the per capita income and purchasing power of Indians were still very low. If we look at the table given below, the scenario gets clearer; Gross Domestic Product per capita in India, which was last recorded at 5238.02 US dollars in 2013, when adjusted by purchasing power parity (PPP). The GDP per Capita, in India, when adjusted by Purchasing Power Parity was equivalent to only 29 percent of the world's average. Table 2: Gdp Per Capita Ppp Source: http://www.indexmundi.comas retrieved on 10/10/ 2014 After looking on the above figures it was not wonder that a major part of population of India was still riding two wheelers and not owning four wheelers as Ratan Tata narrated in the his address at launching ceremony of Tata Nano. This venture was not only commercial but also carried a social concern for majority of Indians who could not afford to buy a four wheeler and were forced to face the challenges of tough weather and were also more prone to road accidents. So it was very natural for a company like Tata to take up aventurelike this. The excerpts from the speech of Ratan Tata (2009), on the launching ceremony clarifies this itself: ―Today's story started some years ago when I observed families riding on two wheelers, the father driving a scooter, his young kid standing in front of him, his wife sitting behind him holding a baby and I asked myself whether one could conceive of a safe, affordable, all weather form of transport for such a family. A vehicle that could be affordable and low cost enough to be within everyone's reach, a people's car, built to meet all safety standards, designed to meet or exceed emission norms and be low in pollution and high in fuel efficiency. This then was the dream we set ourselves to achieve. Many said this dream could not be achieved. Some scuffed at what we would produce, perhaps a vehicle comprising two scooters attached together or perhaps an unsafe rudimentary vehicle, a poor excuse for a car. Let me assure you and also assure our critics that the car we have designed and we will be presenting to you today will indeed meet all the current safety requirements of a modern day car.‖ Profile Of Tata Motors Tata Motors Limited is India‘s largest automobile company, with consolidated revenues of INR 2,32,834 crores (USD 38.9 billion) in 2013-14 is also leading in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments It was established long back in 1945. It has about 8 million Tata vehicles on Indian roads, and the company‘s manufacturing base in India is spread across Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Sanand (Gujarat) and Dharwad (Karnataka). International Case Study Conference 2015, Mumbai, India 48 | Page IES Management College and Research Centre, Mumbai, India IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. PP 47-53 www.iosrjournals.org One after another Tata has been on the road for innovation and improvement by jioininghnads together for world‘s most renowned companies. It joined a strategic alliance with Fiat in 2005, and set up an industrial joint venture with Fiat Group Automobiles at Ranjangaon(Maharashtra) to produce both Fiat and Tata cars and Fiat powertrains. The company‘s dealership, sales, services and spare parts network comprises over 6,600 touch points, across the world. Tata Motors, also listed in the New York Stock Exchange (September 2004), has emerged as an international automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, acquired in 2008. In 2004, it acquired the Daewoo Commercial Vehicles Company, South Korea‘s second largest truck maker. Tata Motors is also expanding its international footprint, established through exports since 1961. The company‘s commercial and passenger vehicles are already being marketed in several countries in Europe, Africa, the Middle East, South East Asia, South Asia, South America, CIS and Russia. It has franchisee/joint venture assembly operations in Bangladesh, Ukraine, and Senegal. Not only this, Tata is one of the companies of India which has earned a great recognition for its social concerns and has received several wards in the field of CSR. Source: http://www.tatamotors.com/about-us/company-profile.php as retrieved on 06/09/2014 Tata Nano The Tata Nano is a small car manufactured by Tata Motors made and sold in India. Nano was initially launched with a price tag of 100,000 (US$1,600) which was ultimately increased with time. Designed to lure India's burgeoning middle classes away from two-wheelers, it received much publicity. With the launch of this car only Indian market was hoping big. Tata Nano's launch could expand the Indian car market by 65%, according to rating agency CRISIL(TNN, 2008). The low price makes the car affordable for families with incomes of Rs 1 lakh per annum, the agency said.
Recommended publications
  • The Positioning Disaster of Tata Nano: a Case Study On
    IJMH - International Journal of Management and Humanities ISSN: 2349-7289 THE POSITIONING DISASTER OF TATA NANO: A CASE STUDY ON TATA NANO Ashik Makwana1 | Prof Nishit Sagotia2 1(Student, MBA Semester 09, Noble Group of Institutions, Junagadh, Gujarat, [email protected]) 2(Assistant Professor, Dept of Management, Noble Group of Institutions, Junagadh, Gujarat, [email protected]) ___________________________________________________________________________________________________ Abstract— The Indian auto industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country's Gross Domestic Product (GDP). The Two Wheelers segment with 80 per cent market share is the leader of the Indian Automobile market. Tata Motors Limited is a leading global automobile manufacturer of cars utility vehicles buses trucks and defence vehicles. Tata Nano popularly known as people‘s car was launched at such time when India‘s largest car company known for its cost effective products Maruti Suzuki was pondering upon the strategic option of discontinuing the production of the than available cheapest car of Indian Market and it flagship product Maruti Suzuki 800. This case is selected as per following basis: Case is related with marketing Mix, positioning of the product and brand equity, to understand what went wrong with Nano, to understand the concept of Positioning, to understand how marketing mistakes makes a product to failure, to find alternatives for the solutions. Following are the sources of data collection: Articles and review of students and people and Dr. Vivek Bindra’s videos. Following are the assumptions of the case study: the company will continue its product in the market, the collected data is correct.
    [Show full text]
  • Nano-The People's
    International Journal of Research in Management ISSN 2249-5908 Issue2, Vol. 2 (March-2012) Nano-The People’s Car Name first author-Dr. Binod Kumar Singh Designation –Faculty Member Address-Dr. Binod Kumar Singh, Faculty Member,Amity Global Business School,Patna E-mail id- [email protected], [email protected] Mobile No.-+91-9430602830, +91-9204055893 ___________________________________________________________________________ Author Profile I did Ph.D. (Statistics) from Faculty of Science, Banaras Hindu University and Diploma in Information Technology from R.C.S.M.I had seven years of teaching experience. Seven of my papers were published in International and eleven were published in National Journal. I have attended number of international conferences. I have been nominated Member Editorial Board for the Journal of Bioinformatics and Sequence Analysis (JBSA), African Journal of Business Management (Impact factor 1.015) and International Journal on Business Management, Finance, Human Resource, Marketing and Economics (ISI Index Journal), Asian Journal of Marketing,(ISI index journal), Research Journal of Business Management(ISI index journal), Asian Journal of Mathematics and Statistics(ISI index journal), Singapore Journal of Scientific Research(ISI index journal) and Journal of Economics & International Finance, ISSN:2006-9812(ISI index journal. Vice-Chancellor of Central University of Jharkhand, Ranchi has been nominated me to act as an expert member in the selection committee meeting for the post of Jr. System Executive. I have been selected in the panel of experts in a round table discussion held on 10 February 10, 2010, entitled "Denmark: Better, Faster, Stronger - Leading the Way in Translational Medicine‖. I have been also selected in the panel of experts in a round table discussion held on 10 December 2008, entitled, "State of the Nation: Science in Ireland.‖ My thrust areas are Statistics, Quantitative Methods, Marketing Research, Research Methodology and Operation Management.
    [Show full text]
  • Behind the Nano Mistakes : a Case Study on Consumer Psychology
    CASE STUDY Behind the Nano Mistakes : A Case Study on Consumer Psychology Shamim Akhtar Abstract Since from its conception, there have been way too many impediments towards Faculty Member Icfai University the success of Tata Motors dream project – Nano. It seems evident that Tatas Mizoram have had problems with the entire marketing mix for Nano. There were initial safety issues with the product; they couldn’t hold on to their original pricing promise due to rising costs; there was a tough time with the distribution due to serious mismatch between demand and supply; and there wasn’t a proper promotional campaign to begin with. This explorative case study looks beyond the mistakes and attempts to throw light on the consumer psychology regarding Nano’s initial low market acceptance; which seemed to be quite different from what the company and industry had speculated in the beginning. While making qualitative assessment of the perception, attitudes and behavior of the consumers, the case study also explores the continuous hurdles that Tata Motors had gone through and the others that it still tries to overcome to ensure “Nano – the people’s car”, gets its truly deserving position in the market. “We are happy to present the People’s Car to India and we hope it brings the joy, pride and utility of owning a car to many families who need personal mobility.” – Ratan Tata after unveiling Nano at the 2008 Delhi Auto Expo1 “I think it’s a moment of history and I’m delighted an Indian company is leading the way.” – Anand Mahindra, Managing Director, Mahindra & Mahindra Quoted by Hindustan Times before the unveiling of Nano2 “There was a mismatch vis-à-vis the hype.
    [Show full text]
  • 1 Co-Evolution of Policies and Firm Level Technological Capabilities in the Indian Automobile Industry Dinar Kale ESRC Innogen C
    Co-evolution of Policies and Firm Level Technological Capabilities in the Indian Automobile Industry Dinar Kale ESRC Innogen Centre Development Policy and Practise, The Open University Email: [email protected] Abstract Innovation in form of new products, processes or forms of productive organisation brings growth to firms and development to economies and therefore it is important to understand sources of innovation and technological capabilities. In this context this paper explores sources of innovation and technological capability in the Indian automobile industry. In last decade Indian auto industry emerged as one of the fastest growing industry with increasing levels of technological sophistication in auto industries amongst emerging countries. This paper shows that industrial policy set up challenges for firm in form of constraint to develop products with higher local suppliers and helped development of auto component supplier industry. It also points out important role played by factors such as nature of demand and firm ownership in innovative capability development. Paper reveals key attributes of firm ownership which include managerial vision and diversified nature of businesses. The diversified nature of businesses has helped Indian auto firms in innovative capabilities by facilitating inter-sector learning. 1 1. Introduction In the global world innovation lies at the heart of the economic growth and development for countries and firms in advanced as well as developing countries. History is full of examples where lack of innovation has withered away the economies and firms precisely because those economies and firms lacked a “Schumpeterian vigour”. Schumpeter explained sweeping away of innovation-laggards by competition from radical new technologies as ‘creating destruction’.
    [Show full text]
  • GRI-09-10.Pdf
    1 CONTENTS KEY FEATURES 2 Key Features 2 This is Tata Motors Limited’s sixth1 Sustainability Report covering data from 01 April 2009 to 31 March 2010. The report includes performance data and information related to Indian operations at View from the Driver’s Seat 3 Jamshedpur, Lucknow, Pune and Pantnagar. The unit at Sanand was in the construction phase during Designed for Global Excellence 7 the reporting period, and hence it has been covered separately. The report does not include Guided by a Clear Vision 11 performance data and information related to Joint Ventures and subsidiaries. Driving on a Robust Chassis 13 This report is based on Global Reporting Initiative’s G3 Guidelines and is self – rated at applicability level A. Further, this Report serves as our Communication on Progress on the United Nations Global Delivered by a Skilled Assembly Line 17 Compact principles. This year we have engaged KPMG to provide professional services for Accelerating Growth 23 developing this report. Cruising Towards a Greener Environment 29 2009-10 was the year of innovation at Tata Motors and hence we have selected “Wheeling Ensuring a Safe Journey 39 Innovation” as the theme for this report. Innovation is an intrinsic part of our growth strategy and we Powered by an Efficient and Powerful Engine 45 demonstrate it through our approach in everything we do. From changing customer needs to managing scarce resources, elements of innovation are embedded into our business processes. Caring for the Neighbourhood 49 Our culture of perpetual search for excellence is attributed to our ethos and our efforts to serve Disclosure on Management Approach 55 customers over several decades by bringing continuous innovation in our products and processes.
    [Show full text]
  • Study Paper “Financial Ratio Analysis of Tata Motors”
    FINAL YEAR BBA (H) STUDY PAPER “FINANCIAL RATIO ANALYSIS OF TATA MOTORS” SUBMITTED BY:- NAME: RAHUL ROY, RAJDIP ROY, SOHINI DATTA , SABARNI DATTA STREAM:-BBA (H) YEAR:-3rd (THIRD) SEMESTER :- 6th (SIXTH) ROLL NO.s:-15405015026, 15405015030, 15405015048,15404015036 SESSION :- 2015-2018 COLLEGE:- DINABANDHU ANDREWS INSTITUTE OF TECHNOLOGY AND MANAGEMENT UNIVERSITY:- MAULANA ABUL KALAM AZAD UNIVERSITY OF TECHNOLOGY, WEST BENGAL ACKNOWLEDGEMENT The satisfaction and euphoria that accompanies the successful completion of any task would be incomplete without mentioning the names of the people who made it possible, whose constant guidance and encouragement crown all the efforts with success. We are deeply indebted to all people who have guided, inspired and helped us in the successful completion of this project. We owe a debt of gratitude to all of them, who were so generous with their time and expertise. I am highly intended and extremely thankful to MR. ABHIJIT PAL who as our external guide was a constant source of inspiration and encouragement to us. The strong interest evinced by him has helped us in dealing with the problem; we faced during the course of project work. We express our profound sense of gratitude to him for timely help and co-operation in completing the project. Also we would like to thanks MR. ABHIJIT PAL for his continuous guidance and support. INDEX SL. NO. TOPIC 1 CHAPTER-1 EXECUTIVE SUMMARY COMPANY PROFILE ABOUT TATA MOTORS HISTORY OPERATIONS JOINT VENTURES NEED OF STUDIES OBJECTIVES OF STUDY 2 CHAPTER-2 INTRODUCTION TO
    [Show full text]
  • Caparo, Saint-Gobain, Denso Win Big with the Tata Nano
    20080303-0016-ANE.qxd 2/27/08 3:15 PM Page 16 PAGE 16 · www.autonewseurope.com March 3, 2008 Car Cutaway Caparo, Saint-Gobain, Denso win big with the Tata Nano UK-based supplier Caparo presses and assembles 60 percent of the ogy is the result of very sophisticated analysis to ensure high-quality, the car. Denso of Japan provides the windshield wiper system for what Tata Nano’s inner structural panels at its new facility adjacent to the low-cost production,” Caparo Group CEO Angad Paul said in a state- has been called the cheapest car in the world (€1,700). Indian automaker’s plant in Singur, West Bengal, India. “The body ment. Caparo started production only six months after agreeing to the technology is relatively conventional, but the manufacturing technol- deal. Saint-Gobain Sekurit of France produces the all the windows for Steven Wingett MANIFOLD AND CONVERTER ASSEMBLY: CAMSHAFT: ENGINE BLOCK: MUFFLER ASSEMBLY: BRONZE SYNCHRONIZER RINGS: SHIFT ELEMENTS: MANUAL SHIFTER: WINDOW CRANK LEVER: COMPLETE SEATS: INSTRUMENT CLUSTER: EMCON TECHNOLOGIES MAHLE MIGMA TEKSID ALUMINUM EMCON TECHNOLOGIES NATESAN SYNCROCONES INA FICOSA ITW AUTOMOTIVE PRODUCTS JOHNSON CONTROLS DELPHI CYLINDER LINER: WINDSHIELD WIPER SYSTEM: COOPER FOUNDRY DENSO GASKETS: WASHER SYSTEM: FEDERAL-MOGUL FICOSA ENGINE MOUNTS: HVAC MODULE: VIBRACOUSTIC BEHR; SUBROS FUEL FILTERS: MAHLE BODY ELECTRIC PARTS: BOSCH PISTONS: FEDERAL-MOGUL GLAZING: SAINT-GOBAIN SEKURIT INTERNATIONAL TORQUE ROD: VIBRACOUSTIC SHEET METAL COMPONENTS: PARKASH AUTOMOTIVE INDUSTRIES STARTER MOTOR: BOSCH;
    [Show full text]
  • A Study on Tata Nano
    RESEARCH New Market Creation via Innovation: A Study on Tata Nano Dr. Swati Singh & Dr. Manoj Joshi* ABSTRACT Objective of the paper- This research paper focuses on how innovations support new market creation emerging from latent opportunities for low-income group. It also emphasizes on novel strategies that can be implemented for sustaining. The paper concludes with a discussion on the implications of the study and directions to stimulate future research on the subject. Design/methodology/approach- A hybrid methodology comprising of a case study on the 2200 USD (equivalent to INR 1,00,000) car Tata Nano and supported with a quantitative survey on a random sample of prospective Nano customers has been deployed. The qualitative case study helps to understand the macro picture on how innovation helped create new market for the masses. The quantitative survey measures the impact of various attributes of Nano on customer's intent to purchase. These attributes have been identified through interviews of prospective Nano customers. Factor analysis has been deployed to establish corporate brand equity, aesthetics, and value for money & reliability as main attributes of Nano. Regression analysis is used to find out the influence of these attributes on intent to purchase Nano. Findings The study highlights the power of brand equity in new market creation and n innovation sustainability. The survey indicates the perception of prospective customers about Nano and how it impacts their buying decisions. The case reflects on how companies can successfully create products and at the same time positions it for its market adoption. The paper concludes with the development of new strategies to sustain this innovation.
    [Show full text]
  • “Effect of Declining Market on TATA Motors”
    PROJECT REPORT ON “Effect of Declining Market on TATA Motors” BY NILESH R. MANGHWANI AM 26 P.G.D.M (MRKT) 2008-2010 SINHGAD INSTITUTE OF BUSINESS ADMINISTRATION AND RESEARCH PUNE- 411048 ACKNOWLEDGEMENT Writing is a solitary task. However turning of millions of bytes of information requires ann army of talented folks . I have been fortunate enough to be assisted by many talented and caring people. And I wish to express my appreciation all those help has been most valuable. To all these truly outstanding people , and many others too , my warm personal regard . I am indeed grateful to my Director Mr. Sunil Kumar and Guardian Mr. Vishal Bhole and class co-ordinator Mrs. Manisha Landefor providing me the necessary guidance and faciliility required for completiotion of thithis project and for being an effective source of inspiration. I am thankful to the library for providing the necessary magazines and journals without which the completion of this project would not be possible .. Your’s Faithfuly Nilesh .R. Manghwani C E R T I F I C A T E This is to certify that the Project title Effect of Declining Market on TATA Motors is a bonafide work carried out by NILESH R. MANGHWANI student of P.G.D.M (MRKT) of of Sinhgad Institute of Business Administration and Research, Pune for fulfillment of a project report . He has worked under our guidance and direction. His work is found to be satisfactory and complete in all respect. DDiirreeccttoorr PPrroojjeecctGGuu iiddee MMrr.SSuu nniilKK uummaarr MMrr.VV iisshhaalBB hhoollee Date: Place: SIBAR, PUNE TABEL OF CONTENTS 1.1.
    [Show full text]
  • The Latest Edition of Tata Safari Storme Explorer Edition Gets New Styling, Reports Gaadi.Com
    The Latest Edition of Tata Safari Storme Explorer Edition Gets New Styling, Reports Gaadi.com The Indian auto giant Tata Motors had unveiled the advanced versions of eight stunning models of its five best-selling five cars. These cars were unveiled recently on 19th June 2013 in the Indian market. The much anticipated Explorer Edition of Tata Safari Storme was also one of the cars that were unveiled by the Tata Motors in India. India’s leading online portal for posting the particulars about used and new cars, Gaadi.com perceives that superior versions of Tata Nano, Indica, Tata Indigo eCS and Sumo Gold along with the Tata Safari Storme were launched by Tata Motors, according to the reports of the Economic Times dated 19 June 2013. Gaadi.com also feels that Tata Safari Storme is reckoned as a full-fledged SUV that is built with the consideration of ruggedness, utility and adventure by the Tata Motors. The striking door visors and the chrome clearly sweep the potential buyers off their feet as for the exteriors. Other than that, Tata Safari Storme Explorer Edition will exhibit a Blaupunkt 2-DIN touchscreen infotainment system, a nudge guard, adventure gears like camping kits and backpack on the interiors, as reported by the Economic Times dated 19th June 2013. The research team at Gaadi.com believes that the Explorer Edition of Tata Safari Storme exhibits a 2.2L Varicor 16 Valve, DOHC VTT 32 Bit engine that generates a peak power of 140 PS and a peak torque of 320 Nm. The 2013 edition of Tata Safari will also generate an ARAI-tested mileage of 14 kmpl.
    [Show full text]
  • TATA GROUP of COMPANIES : TATA GROUP of COMPANIES Presented by S.Saranya R.Gayathri
    TATA GROUP OF COMPANIES : TATA GROUP OF COMPANIES Presented by S.Saranya R.Gayathri : Logo representation : Logo representation The logo resembles tree under which ³ALL r Welcome To take refuge´ This logo tells us fluidity as well as fountain of knowledge Board of Directors : Board of Directors Ratan Tata, chairman Nosh A Soonawal, vice chairman Ishaa Hussain, finance director R Gopalakrishnan, executive director Alan Rosling, executive director Introduction : Introduction Tata Group is the largest private corporate group in India and has been recognized as one of the most respected companies in the world Tata group comprises 96 operating companies in 7 business sectors: information systems and communications, Service, Energy, Consumer Products, Chemicals, Engineering, Materials Tata Group was founded in 1868 Its Headquarters is in Mumbai which is called as ³BOMBAY HOUSE´ Milestones of Tata Group : Milestones of Tata Group Contd« : Contd« Contd« : Contd« Strategies : Strategies Tata group of companies focussing mainly on new technology and innovation to drive their business in India and Internationally Slide 13: Vision To develop best-in-class Infrastructure and Real Estate projects which contribute to national economy and enhance the quality of life.. Mission: To improve the quality of life through leadership Factors of sucess : Factors of sucess Strong presence in market place Unique understanding of customer need Skill base developed over the last 40 years People strength TATA PRODUCTS : TATA PRODUCTS Tata products and services for businesses : Tata products and services for businesses Advanced composites Aerospace Agricultural Chemicals Beverages Reality Defence Construction IT Funding Engineering Communication E-trading Design service Books E-learning Energy Consultancy Hospitality Food products Automobile Financial services Steel Pharma Trading Consumer Products : Consumer Products TATA MOTORS : TATA MOTORS TATA Steel : TATA Steel It is World¶s second largest sleel producer with production capacity over 28 billion tonnes per annum.
    [Show full text]
  • A Case Study of Tata Motor
    Salem State University Digital Commons at Salem State University Honors Theses Student Scholarship 2016-05-01 An Analysis of Operating Environment & Strategy: A Case Study of Tata Motor Michael J. Crawford Salem State University Follow this and additional works at: https://digitalcommons.salemstate.edu/honors_theses Recommended Citation Crawford, Michael J., "An Analysis of Operating Environment & Strategy: A Case Study of Tata Motor" (2016). Honors Theses. 88. https://digitalcommons.salemstate.edu/honors_theses/88 This Thesis is brought to you for free and open access by the Student Scholarship at Digital Commons at Salem State University. It has been accepted for inclusion in Honors Theses by an authorized administrator of Digital Commons at Salem State University. AN ANALYSIS OF OPERATING ENVIRONMENT& STRATEGY: A CASE STUDY OF TATA MOTORS Honors Thesis Presented in Partial Fulfillment of the Requirements For the Degree of Bachelor of Science in Business Administration In the Bertolon School of Business at Salem State University By Michael Crawford Professor Jian Gu Faculty Advisor Department of Management *** Commonwealth Honors Program Salem State University 2016 Abstract This report provides an in-depth study of the environment in which India-based company Tata Motors competes. In order to understand key aspects of the company, a SWOT analysis was conducted to better determine both the internal and external aspects of the operating environment. Using this analysis in combination with a summary of the conditions in the domestic environment, suggested strategies are given. The purpose of these strategies is to provide creative, beneficial, and resourceful ways Tata can continue to succeed in the highly competitive automobile industry.
    [Show full text]